GLOBAL FUEL CELL VEHICLE PLASTICS MARKET

INTRODUCTION

Electric-powered vehicles are viewed as a viable solution for future transportation. Many automakers are reevaluating fuel cells for long-distance travel, either as range extenders or as the only power source.

This presents new prospects for the application of specialty plastics and polymers in the fuel cell and fuel-cell system.

a battery-powered drive vehicle with a small fuel cell as a range extender to a drive train powered by a fuel cell with a relatively small buffer battery.

There are numerous options for the use of plastics and polymers in fuel-cell systems, regardless of the ultimate commercial solution.

Several parts of the fuel cells and the fuel-cell system can be constructed of polymers, which is something that is common to all types of vehicles with optimal energy usage.

Examples include the electrolyte membrane and the membrane electrode assembly, the bipolar plates electrode plates and end plates, gaskets, and various peripheral elements like air ducts and moisturisers.

The propulsion technology used by FCEVs is similar to that of electric vehicles in that hydrogen-based energy is converted to electricity by the fuel cell.

These cars don't emit any harmful exhaust emissions, in contrast to traditional internal combustion engine vehicles. Other advantages include enhancing the economy and diversifying the United States' energy supply.

GLOBAL FUEL CELL VEHICLE PLASTICS MARKET SIZE AND FORECAST

The Global fuel cell vehicle plastics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT PARTNERSHIP

The joint venture between ElringKlinger and Plastic Omnium, EKPO Fuel Cell Technologies, is already functioning after receiving approval from the competition authorities and putting in place the numerous contractual agreements.

For a variety of applications, the newly formed joint firm has a competitive offer and the highest requirements for fuel cells and componentry.

It will prioritise the development of buses and commercial cars before turning its attention to personal vehicles. Additionally included in its range of operations are boats, railroads, and specialty vehicles. 

According to automotive industrial requirements, the company's German manufacturing facility in Dettingen/Erms is already capable of producing up to 10,000 fuel cell stacks annually as well as essential stack components like bipolar plates or media modules.

In order to gain market share, EKPO will spearhead investments in the upcoming years for accelerating innovation, extending the commercial pipeline, and boosting production capacity.

COMPANY PROFILE

• TOYOTA
• Hyundai
• Mirai
• Honda clarity
• Plug power
• Nikola

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many fuel cell vehicle plastics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global fuel cell vehicle plastic and key vendor selection criteria
3. Where is the fuel cell vehicle plastic manufactured? What is the average margin per unit?
4. Market share of Global fuel cell vehicle plastic market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global fuel cell vehicle plastic in-house
6. key predictions for next 5 years in Global fuel cell vehicle plastic market
7. Average B-2-B fuel cell vehicle plastic market price in all segments
8. Latest trends in fuel cell vehicle plastic market, by every market segment
9. The market size (both volume and value) of the fuel cell vehicle plastic market in 2023-2030 and every year in between?
10. Production breakup of fuel cell vehicle plastic market, by suppliers and their OEM relationship